The area is North Ohio, there are many good Multi Familys for sale in Ohio, but this one is one of the best what I could find..J Scott gave me the determine of value for cash flowing investment propertys: Price = NOI / Cap Rate, NOI $124k / 7,5% Cap Rate (surrounded area) = $930k property value, the ask price ($875k) in this way is correct.

Beach front/water view is always good because the supply is limited.In my area, development is limited by lack of water and by the huge amount of federal land (unbuildable) surrounding the city.

Tax: Well, your spot on about no buildings to depreciate like apartments have... but I do have infrastructure.

Excellent.I take action in a Forum for the surrounding area and got the answer, not a worst and not the best area.

I agree with the philosophy that a wise person is the one who surrounds himself with (and listens to those) who know more than he/she and there should be no shame in asking questions to acquire useful knowledge.I'm here to learn, help myself, my family, my friends, and help each of you in any way I can.

We will then be able to sell the lift station services to surrounding communities at a nice fee per lot each month.

Trulia.com is free and maps all of the surrounding properties.

The laws surrounding that practice have changed dramatically.

Title- Investors wanted for 30K, 40K, & 50K houses Body- Dear investors, I have a number of properties in RI and the surrounding areas for investors.

Sanding, stain, poly is probably going to run you around 3-4 dollars a square foot.Bathroom: That pic is bad but here is what I do.I always change out the tub surround.